AGENDA

2003-04 CASH MANAGEMENT LIFE CYCLE TRAINING

Session 1 - Review of Cash Management Principles

• Recall basic information about requesting, maintaining, disbursing, managing, and reconciling funds
• Recognize basic cash management facts from the Title IV Federal Regulations

Session 2 - Common Origination and Disbursement (COD) System Overview

• Name the benefits of using the COD system
• Identify the differences between a COD Full Participant and Phase-In Participant
• Identify where key information regarding new releases/upgrades can be found
• Identify where functional and technical information can be found for the COD system

Session 3 - Cash Management Tools

• Define cash management tool presented
• Identify the purpose of the tools § Recognize which tools are useful in a given situation
• Identify how an Unprocessed Deobligation is created § Identify COD screens that help review cash, batch activity and COD reports

Session 4 - Reconciling Title IV Program Funds and Program Year Close-Out

• Discuss reconciliation of Financial Aid and Business Office records
• Demonstrate reconciliation between schools and the Department of Education (ED)
• Supply reasons for cash discrepancies using tools and Web sites
• Derive best practices for reconciliation and close-out

Session 5 - Assessing Your Cash Management Procedures

• State benefits of using the FSA Assessment Tool
• Describe how to access the FSA Assessment Tool
• Explain how to navigate though the FSA Assessment Tool
• Describe how to use, view, and print the assessments
• Discuss the purpose of the Management Enhancement Worksheet and Effective Practice Database